{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-22-006837","form_type":"8-K","ticker":"MSB","cik":"0000065172","company_name":"MESABI TRUST","filed_at":"2022-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:04:03.347970+00:00","generated_at":"2026-06-26T01:42:32.516888+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Mesabi Trust gets Q1 royalty $13.5M; Northshore idling starts May 1 for ~4 months","bullets":["Total royalty payments received from Cliffs on April 29 were $13,542,442 for Q1 2022 (base $6,032,086 + bonus $7,055,223).","Iron ore shipments credited to Trust: 1,069,456 tons in Q1 2022 vs 919,457 tons in Q1 2021 (+16%).","Northshore Mining idling commenced May 1 at Babbitt and Silver Bay; expected to last ~4 months until at least fall 2022.","Royalty payments based on estimated prices subject to adjustments; negative pricing changes could reduce future distributions."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-22-006837","json":"https://secwatch.observer/filing/0001558370-22-006837.json","markdown":"https://secwatch.observer/filing/0001558370-22-006837.md","text":"https://secwatch.observer/filing/0001558370-22-006837.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/65172/000155837022006837/0001558370-22-006837-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/65172/000155837022006837/msb-20220429x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T01:42:32.516888+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}